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Reading: The Most Reliable Cryptocurrencies: With IntoTheBlock Data
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EdaFace Newsfeed > Latest News > Crypto News > The Most Reliable Cryptocurrencies: With IntoTheBlock Data
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The Most Reliable Cryptocurrencies: With IntoTheBlock Data

vitalclick
Last updated: October 25, 2024 5:00 am
4 months ago
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According to data provided by on-chain data analysis platform IntoTheBlock, Bitcoin (BTC) $66,872Dogecoin $0.137487 (DOGE), Shiba Inu (SHIB) and Ethereum (ETH) $2,522 It stands out as the cryptocurrencies with the longest investor retention period. This shows that crypto investors have great confidence in these cryptocurrencies. Let’s take a look at the list of the most reliable cryptocurrencies based on assets held for a long time.

The Most Reliable CryptocurrenciesInvestor Performance

The Most Reliable Cryptocurrencies

IntoTheBlock’s analysis revealed that Bitcoin, Ethereum, Dogecoin and Shiba Inu are among the assets with the longest HODL times among crypto investors. Bitcoin tops the list with an average HODL time of four years and four months.

Ethereum comes in second with an average HODL time of two years and four months. Dogecoin and Shiba Inu have the same average HODL time as Ethereum in the meme coins category. Chainlink $11Toncoin, Tron, Cardano $0.340933Tether and Avalanche $27 is in the top 10 on the list. Investors generally patiently hold cryptocurrencies that they trust in their long-term performance.

Investor Performance

According to IntoTheBlock data, most of those who have invested in Bitcoin for a long time are making a profit. 95.19% of BTC holders are currently in profit, while 4.81% are neutral. 78.92% of Dogecoin holders are in profit, 18.38% are in loss and 2.70% are neutral. While 52.41% of Shiba Inu investors made a profit, 43.41% made a loss and 4.18% had no profit or loss.

Shiba Inu investors stand out as one of the long-term investor groups, with an average HODL period of two years and four months. As a matter of fact, the price chart’s avoidance of new annual lows confirms that medium-term expectations are positive on the investor’s side.

Holding the assets you purchase in the cryptocurrency market for a long time brings profit. Investors have long held the biggest meme coins, as well as leading coins like Bitcoin.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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